- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: What happens first… Gayle dives into the luxury tax or coughs up money for new arena?
Posted on 3/26/24 at 12:27 pm to The Hurricane
Posted on 3/26/24 at 12:27 pm to The Hurricane
One thing that Christian Clark brought up on his podcast a few weeks ago is that when the league expands, Gayle and the team will be getting a $250-$500 million check. That is a significant dent in new arena costs.
2
Posted on 3/26/24 at 12:28 pm to fightingtigers98
quote:
Gayle and the team will be getting a $250-$500 million check. That is a significant dent in new arena costs.
Absolutely. She should be responsible for at least half the bill and then let the league and state split the remainder.
Posted on 3/26/24 at 12:32 pm to fightingtigers98
At least 200 million of that would go straight to the government in taxes…
Most team owners don’t have the money to fund their own stadiums, in the NFL nor NBA.
That's a huge 1 billion dollar+ cost that you have to hope to make money on, and it would be hard pressed to do in lower income areas like New Orleans.
Jerry Jones is making money hand over fist on Jerry World only because its in a high income area.
If there’s one thing any Louisiana resident can’t say its that Gayle and Tom haven’t historically spent money funding things for their teams. 300 million of the superdome renovations are being paid for by Gayle, on top of new practice facilities for both teams, training facilities, cafeterias etc
Most team owners don’t have the money to fund their own stadiums, in the NFL nor NBA.
That's a huge 1 billion dollar+ cost that you have to hope to make money on, and it would be hard pressed to do in lower income areas like New Orleans.
Jerry Jones is making money hand over fist on Jerry World only because its in a high income area.
If there’s one thing any Louisiana resident can’t say its that Gayle and Tom haven’t historically spent money funding things for their teams. 300 million of the superdome renovations are being paid for by Gayle, on top of new practice facilities for both teams, training facilities, cafeterias etc
This post was edited on 3/26/24 at 12:35 pm
Page 1 of 1
Back to top
Follow TigerDroppings for LSU Football News